Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The political struggle within Parliament deepens the financial crisis and disrupts projects

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 281267
    Join date : 2012-12-21

    The political struggle within Parliament deepens the financial crisis and disrupts projects Empty The political struggle within Parliament deepens the financial crisis and disrupts projects

    Post by Rocky Tue 31 May 2022, 5:33 am

    POSTED ON[You must be registered and logged in to see this link.] BY [You must be registered and logged in to see this link.]

    [size=52]The political struggle within Parliament deepens the financial crisis and disrupts projects[/size]

    [size=45]Baghdad/ Saif Abdullah[/size]
    [size=45]The political conflict between the coordination framework and the National Salvation Alliance, over the formation of the new Iraqi government, complicated the approval of the draft law on the country’s general federal budget for the year 2022, despite the country’s need to fund important service projects in the electricity and food sectors and opening the door for appointments for new graduates, which prompted the government of the President of the Council The outgoing minister, Mustafa Al-Kazemi, to prepare a draft law on emergency support for food security and development, through the Ministry of Finance, and send it to Parliament for a vote.[/size]
    [size=45]The political division between the two alliances has disrupted the emergency support bill, as it is a door to corruption due to the funds allocated to the project, which were estimated at more than 35 trillion Iraqi dinars (24.1 billion dollars), which reinforced citizens’ fears of entering the country into a suffocating economic crisis and disrupting service projects. Exacerbation of unemployment and poverty rates. On the other hand, the Federal Court entered the crisis line. On May 15, 2022, it issued a ruling to cancel the Food Security Law sent by the Council of Ministers to the House of Representatives after a lawsuit submitted by Representative Basem Khashan.[/size]
    [size=45]In an indirect criticism of the Federal Court’s decision, Al-Kazemi indicated that “the failure to achieve all these necessities is a factor that obstructs the government’s role in conducting the daily matters that fall into the hands of providing the requirements of the Iraqi people, protecting the poorest groups, providing services and electricity, and limiting the rise in global prices.” .[/size]
    [size=45]For her part, a member of the House of Representatives, Suhaila Al-Sultani, confirmed that the federal budget for the year 2022 includes an item for the regions and governorates, and its delay will cause delays and delays for service projects in the governorates, especially appointments and fixing contracts and those present.[/size]
    [size=45]Al-Sultani said in an interview with (Al-Mada), that “the absence of a budget law will disrupt the economy of the governorates, especially since the southern and central governorates need strong infrastructure, and the approval of the budget must be done quickly to improve the economies of those governorates,” noting that “the current government has taken many laws. And the procedures are outside its powers as it is a conduct of business, which is what the Federal Court worked to respond to.”[/size]
    [size=45]In addition, the economic expert, Nabil Jabbar, explains that “the projects included in the regional development projects for the governorates will not be affected by the absence of a budget law or any other law, since the disbursement mechanisms for projects have been addressed in the first amendment to the Financial Management Law in accordance with Article 12 Second.”[/size]
    [size=45]And he indicated that "the absence of the budget does not allow the inclusion of new projects or the referral of new projects," noting that "the programs to reduce unemployment are not exclusively linked to the budget law, providing a business environment, loans, initiatives, commercial regulation, and dozens of factors that are not related to the budget law or any other Alternative law.[/size]
    [size=45]He explained that "Iraq has suffered from a lack of investment budgets from 2014 to 2020, with the exception of part of the investment that was implemented in 2019."[/size]
    [size=45]In the midst of this, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, told Al-Mada that “the House of Representatives should have taken over the passage of the general budget law, but the so-called political blockage has disrupted the country’s annual plans with the hope of restructuring the government according to the constitutional contexts in the circumstances.” And under the pressure of the high cost of living, it was relied on accepting the emergency food security and development bill through the government as an alternative to the general budget to give a longer political opportunity until the consensus reached its climax in understanding the future of the executive authority, as this shows.[/size]
    [size=45]He added, "Despite the foregoing, the preparation of the draft federal general budget law for the year 2022 was carried out in accordance with the effective Financial Management Law No. 6 of 2019, the amended, as the legal timings require the preparation of the draft budget law on the basis of the state of the economy and financial expectations for the next three years, as stated. In Article 3 / first of the above law (regarding budget preparation) and based on the text of Article 6 of the same law above, the preparation of estimates took place in July 2021, and they should have been submitted to the Council of Ministers in September after voting on them to be referred to the House of Representatives in order to legislate its law. However, the dilemma occurred in the delay in proceeding with the draft budget law, which came as a result of dissolving the House of Representatives in preparation for the 10-10-2021 elections.[/size]
    [size=45]He added, "Depriving the country of legislating the general budget 2022, and we are approaching the middle of the year because of the interpretation of what the caretaker government's work is, is more harmful than not accepting the passage of the budget bill through the government that is still working...and it is the same government that the current parliament has accepted." To pass the emergency food security law between its corridors.”[/size]
    [size=45][You must be registered and logged in to see this link.]

      Current date/time is Tue 26 Nov 2024, 12:29 am